A reader writes:
"This isn't insurance! It's thievery!
My premiums for just a helper and me
would be $547 a month. What am I
supposed to do? Pay and go broke?
This Long Island contractor is not
alone in his anger. Thousands of other
contractors fume when they get their
workers compensation bills. With premium
hikes averaging 12% per year
nationwide and sometimes running as
high as 40% in certain states, they
have reason to complain. Even the
most docile contractor eventually asks
two questions: Why are costs so high?
and What can I do to lower my premiums?
The answers aren't just academic.
Although a large portion of your premium
is influenced by costs you can't